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Recycling And Renewable Energy Associates Limited

04748821

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

8 GOWAN TERRACE, NEWCASTLE UPON TYNE, NE2 2PS
Incorporated 30/04/2003

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

39000
Remediation activities and other waste management services
41100
Development of building projects
70229
Management consultancy activities

Officers

Mr William Thompson

secretary · Since 02/05/2003

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 55

Also on 59 other boards

Mr William Thompson

director · Since 02/05/2003

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 55

Also on 59 other boards

Persons with Significant Control

Mr William Thompson

Significant control

British · United Kingdom · Age 55

8, Gowan Terrace, Newcastle Upon Tyne, NE2 2PS

Notified 06/04/2016

CompanyRankvs 1258+ SIC 39000 peers
52

Financial strength1th percentile among SIC peers · 0/25
Employees16th percentile among SIC peers · 2/15
LiquidityCurrent ratio 303.51× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength0/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees2/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity20/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/10/2024

Net Worth

-£738k

Balance sheet strength

Cash

£46

Cash in the bank

Net Current Assets

£218k

Working capital

Current Assets

£219k

Current Liabilities

£720

Debtors

£111k

0avg. employees

Balance Sheet

Assets less current liabilities£218k
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied Profit
2024303.51+£12k
2023286.24+£149k
2022149.49-£735
2021126.43-£1.8M
2020Infinity-£29k
201811.01—

Derived from filed accounts. Not audited figures.